Amazon Last Mile Facility Investment 8720 Aluminum Rd

70,928 SF 4-Star Industrial Building Missoula, MT 59808 $20,000,000 ($282/SF) 5.45% Cap Rate

Investment Highlights

  • ±5.45% cap rate
  • 9+ years remaining lease term
  • Equipped with 2000A service of 3 phase 480V power
  • 3% annual base rent escalations
  • State-of-the-art facility with 32' clear height, ESFR sprinklers, high-end HVAC
  • 7 dock high loading doors, 3 grade level loading doors and 4 lane covered drive bays

Executive Summary

SterlingCRE Advisors is pleased to present a state-of-the-art, institutional-grade investment opportunity for an Amazon Last Mile Facility at 8720 Aluminum Road in Missoula, Montana.
Located in the path of growth for Missoula County, this ±70,928 square foot warehouse on ±7.70 acres is guaranteed by Amazon.com, Inc with 9+ years remaining on the initial term. The property is situated approximately 1/2 miles from the interchange of US Highway 93 and Interstate 90, a key north-south and east-west trucking corridor convergence point.
This facility is the first of its kind for Amazon in Montana. Tenant co-investment in the facility exceeds $7.6m with cutting-edge air handling, lighting, pit levelers, speed bays and ESFR sprinkling systems.
At 32' clear height and 2000A of 3ph 480V power, this property is prepared for the future. Knockouts for additional dock and grade level doors were formed into the concrete panels to allow for future flexibility.
Built-in, 3% annual escalations grow your return each year.

Property Facts

Price $20,000,000
Price Per SF $282
Sale Type Investment NNN
Cap Rate 5.45%
Sale Conditions 1031 Exchange
Property Type Industrial
Property Subtype Warehouse
Building Class A
Lot Size 7.70 AC
Rentable Building Area 70,928 SF
No. Stories 1
Year Built 2023
Tenancy Single
Parking Ratio 2.82/1,000 SF
Clear Ceiling Height 32 FT
No. Dock-High Doors/Loading 7
No. Drive In / Grade-Level Doors 3

Utilities

  • Gas - Natural
  • Heating - Gas

PROPERTY TAXES

zoning

Zoning Code Industrial Center, Light (Missoula County Zoning)
  • Listing ID: 32112213

  • Date on Market: 6/12/2024

  • Last Updated:

  • Address: 8720 Aluminum Rd, Missoula, MT 59808